AMSTERDAM (Reuters) – European food-ordering firm Just Eat Takeaway.com NV said on Wednesday it had received 57% more orders in the fourth quarter than a year earlier, as strict social distancing rules and work-from-home trends continued to boost online orders.
Order growth accelerated from a 46% jump in the third quarter, as countries across Europe went back into lockdown due to swelling numbers of coronavirus infections.
Takeaway’s orders were up 56% in Germany and 58% in the United Kingdom. Restaurants in the Netherlands delivered 39% more meals through the company’s platform.
The company said it expects revenue to have jumped more than 50% in the whole of 2020, with an adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) margin of around 10%.
The figures were presented on a pro-forma basis, to reflect Takeaway’s $7.8 billion takeover of Britain’s Just Eat that closed in April 2020.
Just Eat Takeaway will publish its annual results on March 10.
(Reporting by Bart Meijer; Editing by Christian Schmollinger and Sherry Jacob-Phillips)